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Company:
Charles Daher's Commonwealth Motors
Plan:
Charles Daher's Commonwealth Motors 401k Retirement Plan
 

Charles Daher's Commonwealth Motors

53 Plan: Charles Daher's Commonwealth Motors 401k Retirement Plan

 
 
53
32
55
69
0
10
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For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (53) and the top rated plan (69) could equate to:
[How is this calculated?]
7 additional years of work
Up to $93,800 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Charles Daher's Commonwealth Motors 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 35% of plans for Investment Menu Quality. Charles Daher's Commonwealth Motors 401k Retirement Plan currently has over 100 active participants and over $3.9M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
42
Plan Average: 24
Top 3 Funds in this 401k
1. Transamerica Stable Value Fund 20%
2. Transamerica Asset Allocation Intermediate/Long Horizon 8%
3. Franklin Balance Sheet Investment 6%

 Retirement Plan Details

Address One Commonwealth Drive
Lawrence, MA 01841-2268 
Industry New Car Dealers
Administrator Charles Daher
Net Plan Assets $3,910,000
Total Participants 180
Avg Account Balance $25,000

 Compare Other Companies in Peer Group

Robert A. Smith 62.9
R.F. 58.9
Al Baumann Chevrolet Buick 57.0
Benson Automotive 56.0
Capitol Chevrolet & Cadillac 54.0
Equipoise 50.8

  Plan Service Providers

Insurance Carrier Transamerica
Insurance Advisor/Broker Downey & Mcgovern Ins Brokerage
Recordkeeper Transamerica
Auditor Fay & Associates

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